• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

US Senate Clears Vote on GENIUS Stablecoin Bill

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Top Performing Cryptos for 2025: BlockDAG, AVAX, NEAR, & XMR

June 14, 2025

Crypto Market Trends: June 13 Price Actions Analyzed

June 14, 2025
Key Points:

  • Senate vote reflects potential regulatory framework shift.
  • Divides persist among political leaders.
  • Blockchain technology’s impending mainstream acceptance.

genius-stablecoin-bill-advances-in-us-senate
GENIUS Stablecoin Bill Advances in US Senate

The passage suggests a serious shift towards establishing regulatory structures for stablecoins, affecting financial and crypto markets.

Introduction of the GENIUS Act

The GENIUS Act, formally known as the “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025,” passed a critical Senate vote. Prominent figures including Senator Elizabeth Warren and Senate Majority Leader John Thune have illustrated the political challenges faced during proceeding discussions.

The bill aims to create a clear regulatory framework for stablecoin issuers in the U.S. Senator Warner supported forward movement, despite acknowledging potential issues tied to the Trump family’s cryptocurrency dealings. Bipartisan approval indicates a willingness to advance crypto regulation despite previous oppositions.

“Despite concerns about the Trump family’s ventures, we must recognize the significance of these technologies.” — Senator Warner

The potential effects span financial markets with stablecoins being integral to crypto ecosystems. Regulatory support could lead to shifts within blockchain industries amid controversial ties exposed by the Trump family’s crypto connections. Political and financial landscapes are facing a critical juncture with this legislative process evolving rapidly.

Further debates are anticipated as the bill continues through legislative hurdles, impacting industry regulations and challenging current economic paradigms. The proposed changes focus on regulating U.S. stablecoin issuers, critically shifting the blockchain integration path in future policymaking efforts.

The GENIUS Act’s progress in Congress represents potential shifts in technological adoption and regulatory clarity. Decision-makers aim to reconcile concerns over oversight and consumer safeguards while adapting to an evolving crypto market with significant stablecoin involvement. Senator Elizabeth Warren has expressed her opposition, urging her colleagues to vote no on the GENIUS Act, as seen in her Senate floor remarks.

Share76Tweet47

Related Posts

Crypto Market Trends: June 13 Price Actions Analyzed

by shark
June 14, 2025
0

June 13 crypto news highlights key developments for ETH, XRP, SOL, and emerging tokens.

Ripple’s XRP Faces Market Fluctuations Amid Technical Analysis

by shark
June 14, 2025
0

Ripple's XRP trading range between $2.16 and $2.22 indicates market fluctuations under analysis. Key events impacting the price trend and...

Cardano Proposes $100M ADA Conversion to Boost DeFi

by shark
June 14, 2025
0

Cardano plans to convert $100M ADA into stablecoins and Bitcoin to enhance its DeFi ecosystem.

Ethereum Whale Buys $127M ETH Amid Market Panic

by shark
June 14, 2025
0

An unidentified Ethereum whale purchases 48,825 ETH worth $127 million during a severe market downturn, indicating strong market conviction.

SEC Withdraws Crypto Rules Under New Leadership

by shark
June 14, 2025
0

SEC under Paul Atkins rescinds 14 crypto-related proposed rules, aiming to reduce compliance costs and attract institutional interest in U.S....

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Top Performing Cryptos for 2025: BlockDAG, AVAX, NEAR, & XMR
  • Crypto Market Trends: June 13 Price Actions Analyzed
  • Ripple’s XRP Faces Market Fluctuations Amid Technical Analysis
  • Cardano Proposes $100M ADA Conversion to Boost DeFi
  • Top Decentralized Crypto in 2025: Analysing BlockDAG, PEPE & LINK
  • Ethereum Whale Buys $127M ETH Amid Market Panic
  • SEC Withdraws Crypto Rules Under New Leadership
  • Amazon and Walmart Explore USD-Pegged Stablecoins
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7